Mission
McDonough Power Cooperative is a member-owned and locally controlled cooperative business whose mission is to provide high quality electric and related services in a safe, reliable and financially responsible manner for the betterment of the membership and the area it serves.
Executive compensation, broken down
Form 990 · Schedule J · 15 reported individuals · Filing year 2023
Base salaryBonusOther compensationBenefits
| Base salary | Bonus | Other compensation | Benefits | Executive compensation | |
|---|---|---|---|---|---|
Line Superintendent highest compensated employee $198k | |||||
Crew Foreman highest compensated employee $164k | |||||
Journeyman Lineman highest compensated employee $156k | |||||
Journeyman Lineman highest compensated employee $155k | |||||
Director board member $6k | |||||
Director board member $5k | |||||
Director board member $5k | |||||
Director board member $5k | |||||
Director board member $5k | |||||
Director board member $4k | |||||
Director board member $4k | |||||
Director board member $4k | |||||
Director board member $3k | |||||
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
1
PARTNERSHIP FINANCIAL CREDIT UNION2023
$527k
2
Illiana Financial Credit Union2023
$441k
3
COMMUNITY TRUST CREDIT UNION2024
$330k
4
UNITED CREDIT UNION2023
$283k
5
McDonough Power Cooperative Inc2023
$283k
6
ROCK VALLEY CREDIT UNION2024
$242k
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